Author: https://www.facebook.com/bbcnews

It’s sometimes hard to believe that ChatGPT was first released to the public less than four years ago. At this point AI is everywhere. This may be the most rapid adoption of a major new technology in history. Despite AI’s ubiquity, its economic impact remains unclear. We don’t yet know what it will do to productivity, to employment, to wages or to income and wealth inequality. These are important issues, and I will be writing about them in the weeks ahead. However, it’s important to realize that the ramifications of new technologies are much more than just productivity growth. They…

Read More